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Shinhan Alpha REIT (XKRX:293940) 3-Year Dividend Growth Rate : 40.40% (As of Dec. 2023)


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What is Shinhan Alpha REIT 3-Year Dividend Growth Rate?

Shinhan Alpha REIT's Dividends per Share for the six months ended in Dec. 2023 was ₩186.00.

The historical rank and industry rank for Shinhan Alpha REIT's 3-Year Dividend Growth Rate or its related term are showing as below:

XKRX:293940' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 11.9   Med: 27.55   Max: 41.4
Current: 40.4

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Shinhan Alpha REIT was 41.40% per year. The lowest was 11.90% per year. And the median was 27.55% per year.

XKRX:293940's 3-Year Dividend Growth Rate is ranked better than
93.11% of 508 companies
in the REITs industry
Industry Median: 2.65 vs XKRX:293940: 40.40

During the past 12 months, Shinhan Alpha REIT's average Dividends Per Share Growth Rate was 118.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 40.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 23.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Shinhan Alpha REIT's Dividend Payout Ratio for the six months ended in Dec. 2023 was 3.65. As of today, Shinhan Alpha REIT's Dividend Yield % is 13.38%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shinhan Alpha REIT is 5.53, which seems too high.

Good Sign:

Shinhan Alpha REIT stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Shinhan Alpha REIT's 3-Year Dividend Growth Rate

For the REIT - Office subindustry, Shinhan Alpha REIT's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shinhan Alpha REIT's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Shinhan Alpha REIT's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Shinhan Alpha REIT's 3-Year Dividend Growth Rate falls into.



Shinhan Alpha REIT 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Shinhan Alpha REIT  (XKRX:293940) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Shinhan Alpha REIT's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=186/ 51
=3.65

During the past 7 years, the highest Dividend Payout Ratio of Shinhan Alpha REIT was 12.00. The lowest was 3.02. And the median was 4.01.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shinhan Alpha REIT is 5.53, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Shinhan Alpha REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KRW 642.0000002024-03-282024-03-310000-00-00Cash Dividendsemi-annuallyKRW:KRW 1.000000
KRW 186.0000002023-09-262023-09-302023-12-29Cash Dividendsemi-annuallyKRW:KRW 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Shinhan Alpha REIT's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=828/6190.00
=13.38 %

Current Share Price is ₩6190.00.
Shinhan Alpha REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₩828.

During the past 7 years, the highest Dividend Yield of Shinhan Alpha REIT was 13.75%. The lowest was 1.92%. And the median was 4.13%.

Good Sign:

Shinhan Alpha REIT stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shinhan Alpha REIT 3-Year Dividend Growth Rate Related Terms>


Shinhan Alpha REIT (XKRX:293940) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jongno 33, Jongno-gu, Seoul, KOR
Shinhan Alpha REIT is a Korean based company engaged in providing real estate services.

Shinhan Alpha REIT (XKRX:293940) Headlines

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